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A · open · Kimi

Kimi K3

Moonshot

B · open · Qwen

Qwen3.8 Max

Alibaba

13:4

overall capability wins (0 ties across 17 scored). Kimi K3 leads overall.

  • Reasoning5:1
  • Coding4:0
  • Arena1:0
  • Agents0:1
  • Tool use1:1
  • Composite indices1:1
  • Pricing0:3
  • Speed0:2
  • Specs2:1

Verdict

Kimi K3 leads coding (widest gap: +12.4 on DeepSWE); Kimi K3 ranks higher on LMArena (+4 Elo); Kimi K3 offers larger context (1.0M vs 1M).

  • Kimi K3 leads coding (widest gap: +12.4 on DeepSWE)
  • Kimi K3 ranks higher on LMArena (+4 Elo)
  • Kimi K3 offers larger context (1.0M vs 1M)
  • Qwen3.8 Max allows ~2.0x more max output (131K vs 64K)
  • Qwen3.8 Max is ~2.0x cheaper on a blended token basis than Kimi K3

Cost for 1M in + 250K out

Illustrative chat workload at primary-provider list prices.

Kimi K3
$6.75
Qwen3.8 Max
$3.50

Qwen3.8 Max is about 1.9x cheaper on this workload.

Price per 1M tokens

Full comparison

Organization

Moonshot

Alibaba

Family

Kimi

Qwen

License

Kimi K3 License

Qwen3.8-Max License

Open weights

Yes

Yes

Release

Jul 16, 2026

Aug 3, 2026

Knowledge cutoff

-

-

API / provider

Moonshot

Alibaba Cloud

Modalities

text, image, video → text

text, image, video → text

Specs

Context window

1.0M

1M

A +49K

Max output

64K

131K

B +67K

Parameters

2.8T (104B act.)

2.4T (95B act.)

A +400

Pricing

Input $/1M

$3

$2

B +$1

Output $/1M

$15

$6

B +$9

Blended $/1M (3∶1)

$6

$3

B +$3

Speed

tok/s

60

86

B +26

TTFT (s)

0.6

0.4

B +0.20

Reasoning

MMLU-Pro

—

—

—

GPQA Diamond

93.5

92.8

A +0.7 pts

Humanity's Last Exam

46.9

43.1

A +3.8 pts

AIME 2025

—

—

—

MATH-500

—

—

—

Humanity's Last Exam (with tools)

—

—

—

AA-Omniscience Accuracy

47.6

31.7

A +15.9 pts

AA-LCR v1.1

88.7

80.3

A +8.4 pts

CritPt

23.4

17.7

A +5.7 pts

MMMU-Pro

80.5

82.8

B +2.3 pts

IFBench

—

—

—

Chartography

—

—

—

Chartography (With Tools)

—

—

—

Coding

SWE-bench Verified

—

—

—

SWE-bench Pro

—

67.7

—

SWE-bench Multilingual

—

—

—

LiveCodeBench

—

—

—

Terminal-Bench 2.1

85.0

81.3

A +3.7 pts

Aider Polyglot

—

—

—

Terminal-Bench 3

—

—

—

BigCodeBench

—

—

—

SciCode

59.5

52.1

A +7.4 pts

CursorBench

60.8

—

—

SWE-Rebench

—

—

—

NL2Repo-Bench

—

55.9

—

DeepSWE

69.0

56.6

A +12.4 pts

WebDev Arena

1,674

1,671

A +4 Elo

Terminal-Bench 4.0

—

—

—

CursorBench 4.0

—

—

—

FrontierCode v1.1 (Main)

—

—

—

Arena

LMArena Elo

1,485

1,481

A +4 Elo

Kimi K3

Context
1.0M / 64K out
Parameters
2.8T (104B act.)
Price
$3 / $15
Speed
60 tok/s · 0.6s TTFT
Modalities
text, image, video → text
License
Kimi K3 License

Largest open-weight model (2.8T MoE / 104B active) — official card reports strong reasoning and agentic coding results.

Qwen3.8 Max

Context
1M / 131K out
Parameters
2.4T (95B act.)
Price
$2 / $6
Speed
86 tok/s · 0.4s TTFT
Modalities
text, image, video → text
License
Qwen3.8-Max License

Alibaba's Aug 2026 Max flagship (2.4T MoE / 95B active) — frontier agentic coding via QwenCloud / DashScope with 1M multimodal context and $2/$6 API pricing. Open weights released Aug 12, 2026 as Qwen3.8-2.4T-A95B (text-only, thinking-mandatory, Qwen3.8-Max license); the hosted version adds vision input, non-thinking mode, and built-in tools.

Benchmark charts

Winner bars are emphasized. Per-benchmark deltas sit above each chart.

Reasoning & knowledge

GPQA: A +0.7HLE: A +3.8CritPt: A +5.7AA-LCR: A +8.4Omniscience Acc.: A +15.9MMMU-Pro: B +2.3

Coding

TermBench: A +3.7SciCode: A +7.4DeepSWE: A +12.4WebDev Elo: A +4

Tool use & function calling

Toolathlon V.: A +4.0τ³-Banking: B +1.8

Agents & computer use

GDPval-AA: B +53

Arena

Arena Elo: A +4

Composite indices

AA Index: A +3.3AA Index v4.3: B +1.6

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